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Title: Paper Wallets and New to Electrum/Bitcoins Post by: JohnDoeGotDough on May 06, 2016, 12:31:03 AM I am new to everything bitcoin pretty much. I have installed Electrum and thats about as far as I got. I am trying to make a transaction to an address I need to send bitcoins to. My question is, how do I put the BTC from my paper wallet into an electrum wallet and then send those BTC to the address I need to send it to. Anything will help, thanks for your time.
Regards, JD Title: Re: Paper Wallets and New to Electrum/Bitcoins Post by: merelcoin on May 06, 2016, 12:35:24 AM I am new to everything bitcoin pretty much. I have installed Electrum and thats about as far as I got. I am trying to make a transaction to an address I need to send bitcoins to. My question is, how do I put the BTC from my paper wallet into an electrum wallet and then send those BTC to the address I need to send it to. Anything will help, thanks for your time. Regards, JD The paper wallet should contain a private key. If the private key is bip38 encrypted, you might need to decrypt it by downloading the sourcecode from https://www.bitaddress.org and going to "wallet details" Once you have an unencrypted private key, go to electrum, go to wallet => private keys => sweep, enter your private key, and sweep your paper wallet. TBH: it's possible electrum can even decrypt the private key for you... you might want to try this first before using bitaddress.org, i just never tried, and i don't want to sweep my paper wallets just to try it out. Once your private key is swept, it should be as easy as going to the send-tab in electrum and entering an ammount and an address. Title: Re: Paper Wallets and New to Electrum/Bitcoins Post by: bitbaby on May 06, 2016, 02:12:57 AM The paper wallet should contain a private key. It is actually much safer to decrypt the wallet offline, instead of doing it on a website, to do this OP, download this file from here: GitHub Repository (zip) (https://github.com/pointbiz/bitaddress.org/archive/v2.9.8.zip), verify the download authenticity and then continue with the steps mentioned above to decrypt the key and sweep it into Electrum.If the private key is bip38 encrypted, you might need to decrypt it by downloading the sourcecode from https://www.bitaddress.org and going to "wallet details" Once you have an unencrypted private key, go to electrum, go to wallet => private keys => sweep, enter your private key, and sweep your paper wallet. TBH: it's possible electrum can even decrypt the private key for you... you might want to try this first before using bitaddress.org, i just never tried, and i don't want to sweep my paper wallets just to try it out. Nope, Electrum won't decrypt the private key, one has to decrypt it first before sweeping it into Electrum.Title: Re: Paper Wallets and New to Electrum/Bitcoins Post by: merelcoin on May 06, 2016, 09:33:02 AM The paper wallet should contain a private key. It is actually much safer to decrypt the wallet offline, instead of doing it on a website, to do this OP, download this file from here: GitHub Repository (zip) (https://github.com/pointbiz/bitaddress.org/archive/v2.9.8.zip), verify the download authenticity and then continue with the steps mentioned above to decrypt the key and sweep it into Electrum.If the private key is bip38 encrypted, you might need to decrypt it by downloading the sourcecode from https://www.bitaddress.org and going to "wallet details" Once you have an unencrypted private key, go to electrum, go to wallet => private keys => sweep, enter your private key, and sweep your paper wallet. TBH: it's possible electrum can even decrypt the private key for you... you might want to try this first before using bitaddress.org, i just never tried, and i don't want to sweep my paper wallets just to try it out. Nope, Electrum won't decrypt the private key, one has to decrypt it first before sweeping it into Electrum.Had a party last night, had a bit much to drink when i made this post... Can't believe i skipped the "best to run the code from an offline pc"-part :-\ Thanks for adding this :) Btw: a little addendum, you could use unetbootin (just google this) to create a live linux usb to boot from (for safety). Also, once you've swept your paper wallet, consider it compromised and never use it again to store funds on :) |